Shares of Liberty Property Trust (NYSE:LPT) fell 1.6% on Tuesday . The stock traded as low as $40.43 and last traded at $40.58, with a volume of 600,322 shares trading hands. The stock had previously closed at $41.23.

Several brokerages have weighed in on LPT. Zacks Investment Research upgraded Liberty Property Trust from a “hold” rating to a “buy” rating and set a $43.00 price objective for the company in a research report on Monday, June 20th. BMO Capital Markets restated a “hold” rating on shares of Liberty Property Trust in a report on Thursday, April 28th. Stifel Nicolaus upgraded Liberty Property Trust from a “sell” rating to a “hold” rating in a report on Wednesday, April 27th. They noted that the move was a valuation call. Citigroup Inc. upped their target price on Liberty Property Trust from $34.00 to $41.00 and gave the company a “neutral” rating in a report on Thursday, July 7th. Finally, TheStreet upgraded Liberty Property Trust from a “hold” rating to a “buy” rating in a report on Wednesday, April 6th. Nine analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $36.50.

The stock has a market cap of $5.86 billion and a P/E ratio of 22.43. The firm has a 50 day moving average of $39.45 and a 200 day moving average of $34.22.

Liberty Property Trust (NYSE:LPT) last released its quarterly earnings results on Tuesday, July 26th. The real estate investment trust reported $0.68 EPS for the quarter, topping the consensus estimate of $0.64 by $0.04. The firm had revenue of $186.65 million for the quarter, compared to analysts’ expectations of $191.42 million. During the same quarter in the prior year, the business earned $0.67 earnings per share. The company’s quarterly revenue was down 8.3% on a year-over-year basis.

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 15th. Stockholders of record on Friday, July 1st were paid a $0.475 dividend. This represents a $1.90 annualized dividend and a dividend yield of 4.76%. The ex-dividend date was Wednesday, June 29th.

Other hedge funds recently made changes to their positions in the company. KBC Group NV boosted its stake in shares of Liberty Property Trust by 0.6% in the fourth quarter. KBC Group NV now owns 34,311 shares of the real estate investment trust’s stock valued at $1,065,000 after buying an additional 211 shares during the last quarter. Globeflex Capital L P boosted its stake in shares of Liberty Property Trust by 101.9% in the fourth quarter. Globeflex Capital L P now owns 37,917 shares of the real estate investment trust’s stock valued at $1,177,000 after buying an additional 19,139 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. boosted its stake in shares of Liberty Property Trust by 3.1% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 38,645 shares of the real estate investment trust’s stock valued at $1,200,000 after buying an additional 1,146 shares during the last quarter. Marshall Wace LLP bought a new stake in shares of Liberty Property Trust during the fourth quarter valued at about $1,235,000. Finally, Gulf International Bank UK Ltd boosted its stake in shares of Liberty Property Trust by 6.6% in the fourth quarter. Gulf International Bank UK Ltd now owns 48,539 shares of the real estate investment trust’s stock valued at $1,507,000 after buying an additional 3,000 shares during the last quarter.

Liberty Property Trust is a real estate investment trust. The Company’s operations are primarily conducted by its subsidiary, Liberty Property Limited Partnership. Its segments include Carolinas; Chicago/Milwaukee; Houston, Lehigh/Central PA; Minnesota; Orlando; Philadelphia; Richmond/Hampton Roads; Southeastern PA; South Florida; Tampa; United Kingdom, and Other, which includes Arizona, Atlanta, Cincinnati/Columbus/Indianapolis, Dallas, Maryland, New Jersey, Northern Virginia, Southern California, Washington DC and other segments.

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